Business

U.S. cars and light trucks will be required to carry labels comparing estimated five-year fuel costs with those of the average new vehicle, the Department of Transportation and Environmental Protection Agency said Wednesday.

U.S. commodities regulators have filed a civil lawsuit against two oil traders in Australia and California and three American and international firms over oil market manipulation in 2008, the record-high year for crude prices, the New York Times reported Wednesday.

Durable goods orders slid 3.6% in April, the Commerce Department said Wednesday.

Yokohama Tire Corp. named Yasushi Tanaka the company’s new president and CEO, effective June 29.

American Trucking Associations told the Federal Motor Carrier Safety Administration that while it supports the agency’s proposal to require electronic devices to record drivers’ hours of service, it also is urging FMCSA to address important device design and performance requirements.

The Missouri Department of Public Safety has suspended hours-of-service rules for motor carriers rushing to deliver relief supplies to the tornado-battered Joplin, Mo., area.

The Maryland Transportation Authority will consider toll increases at its June 2 meeting that could double rates by 2013 for trucks on seven of the state’s eight tolled facilities.

A proposal to outsource regulatory requirements for the manufacture and maintenance of cargo tanks to a pair of professional organizations would impose a costly financial burden on the cargo tank industry, several industry commenters told federal regulators.

More than 400 contractors, materials suppliers and engineers are expected to rally in Washington Wednesday and to lobby Congress for a new highway bill to replace the one that originally expired in September 2009.